China's foreign exchange reserves rise in February
China's foreign exchange reserves totaled 3.4278 trillion U.S. dollars at the end of February 2026, marking an increase of 28.7 billion dollars, or 0.85 percent, from the end of January, official data showed on Saturday.
EC unveils 'Made in EU' industrial plan amid protectionism fears; Move could distort competition, harm ties with China: expert
The European Commission (EC) on Wednesday unveiled controversial plans to prioritize "Made in EU" goods in public subsidies and procurement in a bid to boost the competitiveness of the bloc's manufacturing sector, even as deep divisions persist among member states. The move has drawn criticism from some of the EU's major trading economies.
China's emphasis on expanding market access in the services sector sends a strong signal that it is making a significant leap, from opening up its manufacturing sector to pursuing a ...
While Western media outlets sometimes depict #China's economy in an overly pessimistic light, rural markets, digital commerce, and emerging consumption patterns tell a different story. Livestreams running on a single ...
Most operations now restored, Nexperia China responds to mass disabling of office accounts by Netherlands-based unit
US reportedly considering requiring permits for global AI chip sales; long-arm jurisdiction to face widespread opposition: experts
Foreign netizens marvel at China's superior map apps, citing advanced functions, user experiences and ecosystem
Chinese carriers restart some Middle East routes as first flight takes off Commenting on a media inquiry citing reports stating that Nexperia's China entity issued a customer notice on Friday saying that recently Nexperia B.V. has implemented a mass disabling of office accounts of all employees in China, which resulted in the ...
China could only launch five or six rockets a year when he started work about 20 years ago, but the country launched around 90 rockets in the past year, said Liu Zheng, head craftsman of the CNC Machining Technology Research ...
China's Ministry of Human Resources and Social Security is studying measures to harness artificial intelligence (AI) to create new jobs and empower traditional positions, a senior official said on Saturday at a press conference for the fourth session of the ...
As the jubilant melodies of the Spring Festival travel afar and resonate in every corner of the world, the Guiyang Confucius Academy hosted a splendid cultural feast integrating ritual traditions, classical elegance and modern entertainment from the first to the ...
China's GDP is expected to grow by over 6 trillion yuan ($869.6 billion) in 2026, equivalent to the total annual GDP volume of a developed economy, Zheng Shanjie, head of the National Development and Reform Commission (NDRC), the country's top ...
China's 15th Five-Year Plan (2026-30) shows the unique strength of the world's second largest economy in long-term planning. By carefully mapping out multi-year strategies, China not only supports its own economic growth but also provides stability and predictability for the ...
China's 2026 GDP target of 4.5 percent to 5 percent growth while striving for better in practice was proposed based on comprehensive assessment and prudent judgment, and the country has a solid foundation to achieve this goal, Zheng Shanjie, head ...
China's Ministry of Commerce (MOFCOM) on Friday expressed serious concern over the European Union's newly proposed Industrial Accelerator Act (IAA), saying certain restrictive provisions could constitute significant investment barriers and institutional discrimination, and vowing to firmly safeguard the legitimate rights ...
On March 1, the nation's first general technical standard for vehicle-to-grid (V2G) interactive microgrids—the "General Rules for Vehicle-to-Grid Interactive Smart Microgrids"—officially came into effect. This standard was jointly compiled by the State Grid Suzhou Power Supply Company and the State ...
When asked to comment on claims that one reason China lowered its growth target is the turbulent situation in the Middle East, which could affect energy supplies, and the uncertainty surrounding China-US relations, Foreign Ministry spokesperson Mao Ning said on ...
Total market capitalization of A-shares has exceeded 110 trillion yuan (about 15.9 trillion U.S. dollars), said Wu Qing, chairman of the China Securities Regulatory Commission, at a press conference Friday on the sidelines of the fourth session of the 14th ...
China's artificial intelligence (AI) related industries will be valued at more than 10 trillion yuan (1.45 trillion U.S. dollars) by the end of the 15th Five-Year Plan period (2026-2030), Zheng Shanjie, head of the National Development and Reform Commission, said ...
Measured by purchasing power parity, the scale of China's consumer market topped the world during the 14th Five-Year Plan period (2021-2025), Commerce Minister Wang Wentao told a press conference Friday.
The size of China's service sector is expected to expand beyond 100 trillion yuan (about 14.49 trillion U.S. dollars) in the 15th Five-Year Plan period (2026-2030), head of the country's top economic planner said Friday.
China's GDP is expected to grow by over 6 trillion yuan (about 869.6 billion U.S. dollars) this year, head of the country's top economic planner said Friday.
GDP growth of 4.5 percent to 5 percent, while striving for better results in practice - this is one of the main development targets for this year outlined in the Government Work Report.
The development of artificial intelligence (AI), one of the buzzwords at China's ongoing annual "two sessions," is accelerating in the country and shaping the global AI ecosystem.
China's two sessions always send clear signals about development priorities, and this year, those signals are even more important as China enters a new five-year plan period. The message to the world will be continuity and confidence.
China targets economic growth of 4.5 to 5 percent in 2026 and will strive for better in practice, according to a government work report submitted Thursday to the country's top legislature for deliberation. The target reflects flexibility, enabling local regions ...
“The 15th Five-Year Plan period (2026-30) will be a critical period for advancing Chinese modernization. It will also provide a significant opportunity for the development of economic and cultural exchanges across the Straits,” Xu Kewei, a member of the 14th ...
China will accelerate efforts to achieve greater self-reliance and strength in science and technology in 2026, according to the Government Work Report submitted on Thursday to the country's top legislature for deliberation. The pledge has resonated with the private sector, ...
Li Hongzhong, a vice chairman of the National People's Congress (NPC) Standing Committee, addressed the fourth session of the fourth NPC on Thursday, delivering explanatory remarks on three draft laws submitted for deliberation: an environmental code, a national development planning ...
Just days after the Chinese Spring Festival, robots are making frequent appearances at offline events. From dancing at shopping malls to greeting guests at brand launches and interacting with visitors in open squares and scenic spots, a wave of "robot ...
Chinese Minister of Industry and Information Technology Li Lecheng said on Wednesday that in 2026, the Ministry of Industry and Information Technology (MIIT) will follow the requirements of the Government Work Report and vigorously promote the integration of artificial intelligence ...
Dubai's Taxi sector continued their upward momentum in 2025, achieving significant growth in ridership, fleet modernization and service quality. The Taxi sector alone catered to 209 million passengers with a registered fleet of 14,476 vehicles, reflecting Dubai's commitment to providing ...
China targets an economic growth of 4.5 percent to 5 percent this year and will strive for better in practice, according to a Government Work Report submitted Thursday to the country's top legislature for deliberation.
China will open wider to the outside world, according to a government work report submitted Thursday to the country's top legislature for deliberation.
China made major new achievements over the 14th Five-Year Plan period (2021-2025), according to a government work report submitted Thursday to the country's top legislature for deliberation.
China targets an economic growth of 4.5 percent to 5 percent this year and will strive for better in practice, according to a government work report submitted Thursday to the country's top legislature for deliberation.
More than 20 years of sustained national policy support have provided clear direction for enterprises and professionals in the [renewable energy] industry, Zeng Yuqun, chairperson of Chinese battery giant Contemporary Amperex Technology Co. Ltd. (CATL), said on Wednesday, vowing to ...
As the global tech world gathered at MWC, AI took center stage, with Chinese firms standing out. Their industry innovations show that unlocking AI dividends depends on turning technology into real productivity.
While Western media coverage often misinterprets China's consumption trends, the real shift is happening at home. Recent interprovincial trade data shows that China is advancing the construction of a more unified national market, with logistics upgrades and digitalization creating tangible ...
Chinese and South Korean diplomats held talks on Wednesday, hailing the mutual visits by the heads of state as opening a new chapter in bilateral relations, and expressed the willingness and confidence within their business communities to strengthen cooperation.
Li Ying, a member of the 14th National Committee of the Chinese People's Political Consultative Conference (CPPCC), said on Wednesday that to enhance China's comprehensive strength in maritime transport, the core lies in making it “bigger, smarter, and greener.”
On the eve of this year's Lantern Festival, which fell on Tuesday, a 25-year-old consumer surnamed Wen shared her plans aloud to her phone: "I want to see the lantern displays on Lantern Festival night, and maybe visit a theme ...
Founded in the Chinese mainland in 2013, the handbag brand Songmont has grown to operate stores in more than ten cities nationwide. From its roots in North China's Shanxi Province to its spotlight at Paris Fashion Week, the brand has ...
The Tarim Oilfield in Northwest China's Xinjiang Uygur Autonomous Region had surpassed a cumulative total of 500 billion cubic meters of natural gas as of Tuesday, according to the oilfield operator, PetroChina's Tarim Oilfield, Chinanews.com.cn reported on Wednesday.
In response to a media question that Iran's Islamic Revolutionary Guard Corps had claimed that they currently control the Strait of Hormuz, an important route for oil and gas transportation, and had noted that any vessel attempting to pass through ...
The National People's Congress (NPC), China's national legislature, held a press conference on Wednesday at the Great Hall of the People in Beijing one day ahead of the opening of its annual session. Lou Qinjian, spokesperson for the fourth session ...
China will strengthen original innovation and intensify efforts to achieve breakthroughs in key core technologies during the 15th Five-Year Plan period (2026-30), a spokesperson for the fourth session of the 14th National People's Congress (NPC) said on Wednesday, adding that ...
China's services activity expanded at a robust pace in February, with the services purchasing managers' index (PMI) hitting 56.7, while the manufacturing PMI rose to 52.1, the highest reading in more than five years, according to a private survey on ...
At a "robot school" in east China's Shandong Province, dozens of humanoid robots are mimicking human engineers as they carry trays, fold clothes, and fetch bottled water from the shelves, as part of the training for their real-world jobs.
When China's national lawmakers and political advisers gather in Beijing for the annual "two sessions," one document will stand out: a draft 15th Five-Year Plan, the blueprint that will guide the world's second-largest economy from 2026 to 2030.
Over the decades, automotive professionals from around the world have together crafted a rich industrial narrative of mutual learning and inspiration, and win-win cooperation between Chinese and foreign carmakers. In this process, there has been a two-way dynamic marked by ...
As resumption of flights in the Middle East remains very limited, Chinese tour companies are making various efforts to get their travelers who have been stranded in various Middle Eastern countries home.
Shipments in the Chinese smartphone market in 2025 underscored resilient demand for multiple domestic brands, while Apple also reported solid growth, according to a report from market research firm Omdia. Analysts said that the trend highlights the sustained strengthening of ...
China remains committed to the basic state policy of opening-up, and its door to the outside world will not close but will only open wider, said a spokesperson for the fourth session of the 14th Chinese People's Political Consultative Conference ...
Vietnam's exports to China surged 70.8 percent year-on-year to $6.32 billion in January 2026, latest trade data released by Vietnam Customs showed on Tuesday. Amid an increasingly complex global trade environment, the data underscored not only the enduring synergy between ...
Born of ideals and fighting for its mission, all the struggles waged by the Communist Party of China (CPC) in uniting and leading the people are aimed at building our country into a modern major country and realizing the great ...
US officials are considering caps on the number of artificial intelligence (AI) accelerators Nvidia Corp can export to any one Chinese company, Bloomberg reported on Tuesday. The reported move may be a "hunger marketing" tactic, reflecting rising anxiety over lack ...
China's Vice Minister of Finance Liao Min on Monday held a video call with Jeanette Schwamberger, state secretary of the German Federal Ministry of Finance, at the latter's request, with the two sides having an in-depth exchange of views on ...
When asked for comments on media reports claiming that China is pressuring Iranian officials to avoid actions that could disrupt Qatar's natural gas exports and other shipments passing through the Strait of Hormuz, Chinese Foreign Ministry spokesperson Mao Ning said ...
India's airline IndiGo on Tuesday announced the launch of daily, direct flights between Kolkata and Shanghai, which will start on March 29.
China's economy remained robust despite headwinds last year, achieving stable year-on-year GDP growth of 5 percent and making new and higher-quality progress across economic and social sectors. This further solidifies its role as a key contributor and stabilizer for the ...
The global automotive industry has now spanned more than a century of development. Today, China has achieved a “century-defining leap” in the NEV industry in just over a decade, fully demonstrating to the world the new accomplishments of Chinese modernization. ...
Merz's visits to China and the US provide a window into how Germany's business community is evaluating market opportunities. Decoupling from the Chinese economy is entirely unrealistic. On the contrary, a stable and predictable economic relationship between China and Germany ...
Several Chinese government departments on Monday unveiled a guideline outlining 20 measures across six areas to accelerate the establishment of a sci-tech insurance system aligned with technological innovation, in a bid to bolster high-level self-reliance and strength in science and ...
Multiple Chinese localities have been carrying out recruitment events under the nationwide "Spring Breeze Action" campaign to boost post-holiday employment, while demand from sectors related to emerging industries witnesses a marked rise in demand for talent.
On February 24, walking into the Textile Industrial Park of Huaibin County Development Zone in Xinyang City, Henan Province, one can hear the hum of machines in the workshops. Rows of water-jet looms run at high speed, with silk threads ...
China's State Taxation Administration (STA) on Monday unveiled the outcomes of the new tax-related regulations implemented since June 2025, designed to build a unified national market and support high-quality economic development via fairer tax policies. To date, more than 8,000 ...
Following escalating tensions in the Middle East, all flights between the Chinese mainland and Iran that are operated by Chinese airlines and scheduled from March 3 to 9 have been cancelled, while many flights to other Middle Eastern destinations have ...
The People's Bank of China (PBC), the central bank, reduced the foreign exchange risk reserve ratio for forward foreign exchange sales from 20 percent to 0, effective from Monday.
As fireworks lit up the night sky and families exchanged greetings during the Spring Festival, millions of Chinese users were also tapping their phones to generate artificial intelligence (AI)-powered New Year wishes, create festive avatars and interact with virtual companions.
A wave of major financing deals in embodied artificial intelligence since the Spring Festival is adding fresh momentum to China's robotics sector, with analysts saying that the cluster of billion-yuan investments reflects growing confidence that the industry is moving from ...
When asked by foreign media about the current situation in Iran and the impact that the closure of the Strait of Hormuz could have on China's imports and energy security, Mao Ning, a spokesperson for China's Ministry of Foreign Affairs, ...
A good number of Chinese tech enterprises are showcasing their latest innovations in 6G communication technologies, humanoid robotics and artificial intelligence (AI) at the 2026 Mobile World Congress (MWC) held in Barcelona of Spain, the world's largest mobile-tech exhibition.
A netizen on People's Daily Online recently raised a question: With the upcoming annual sessions of the National People's Congress (NPC) and the Chinese People's Political Consultative Conference (CPPCC), public attention is turning to key agenda item - the NPC's ...
China strongly deplores and firmly rejects the UK's unilateral sanctions that lack any basis in international law and are not authorized by the UN Security Council, a spokesperson from China's Ministry of Commerce said on Monday in response to the ...
China's NEV sector has achieved robust growth over the past decade, shifting foreign perceptions from skepticism to praise. As Chinese NEV enterprises continue reshaping the global automotive landscape, some Western industry insiders credit China's success to factors including long-term planning, ...
South Korea's 34.1% export growth to China in February offers a fresh perspective for those focused on competition. While competition in high-tech sectors is real, deeper industrial cooperation can create concrete opportunities to expand exports and strengthen supply chain ties.
Fishing vessels berth at a pier in Chun'an county, Hangzhou, East China's Zhejiang Province on March 1, 2026, as the seasonal fishing ban officially takes effect in Qiandao Lake on the same day. During the ban, all fishing activities are ...
China's new-energy vehicle (NEV) market experienced a seasonal sales dip in February, but robust export growth provided a crucial stabilizing force, underscoring the industry's resilience amid domestic market fluctuations, an industry observer said.
Provinces and cities across China have kick-started a new round of major projects after the Spring Festival holiday, with investments flowing into clean energy, technology and public welfare - a strong start to the 15th Five-Year Plan (2026-30), analysts say.
China has officially released its inaugural top-level design for the humanoid robot and embodied artificial intelligence (AI) standard system, covering the entire industrial chain and life cycle, CCTV News reported on Sunday, noting that this milestone marks a transition into ...
Yiwu International Trade Market, the world's largest wholesale market for small commodities and also dubbed as the "World's Supermarket," located in Yiwu in East China's Zhejiang Province, officially resumed operations on February 28 after the Spring Festival holiday, with traders ...
The drone operations system project for oilfields in the Beibu Gulf, South China's Guangxi Zhuang Autonomous Region, was officially launched over the weekend, state broadcaster China Central Television (CCTV) reported on Sunday.
The latest spot price of gold surged past $5,278 per ounce, marking a notable increase amid escalating geopolitical tensions in the Middle East. Gold prices could hit new high if regional situation escalated, while crude oil could strengthen further due ...
China took a significant step toward regulating its rapidly growing humanoid robotics industry on Saturday, with the release of the country's first national standard system covering the entire industrial chain and lifecycle of humanoid robots and embodied artificial intelligence.
More than 500 domestic and foreign companies have signed up as exhibitors at the fourth China International Supply Chain Expo scheduled to take place in Beijing from June 22 to 26, China's trade promotion body announced on Saturday.
China on Saturday issued the final ruling of the anti-dumping investigation into canola imports originating in Canada, determining an anti-dumping duty rate of 5.9 percent for Canadian companies, with the definitive anti-dumping measures to be implemented from March 1 for ...
The standoff between the US administration and artificial intelligence (AI) startup Anthropic has sparked widespread discussions within the US tech sector. Chinese experts said that the situation lays bare the chaos in the US' technology governance as the company suddenly ...
Japan's "remilitarization" and its attempts to acquire nuclear weapons pose a grave threat to regional security and stability. The key to safeguarding peace lies in taking action to curb the frenzy of Japanese right-wing forces. China's imposition of control measures ...
China has made substantial progress in strengthening financial support for technological self-reliance, launching a national venture capital guidance fund with an estimated total scale of 1 trillion yuan (about 144.45 billion U.S. dollars), a senior official said on Friday.
When you hail a taxi during the bustling Chinese New Year holiday in Shenzhen, a tech and innovation hub in South China's Guangdong Province, you might find that your taxi is driverless. Passengers were able to travel without fare surge ...
The US is reportedly pressuring Syria to abandon Chinese telecom systems, which could leave Syrian people struggle to stay connected, a Chinese expert said on Friday. The move, based on the paranoia of some in the US, has laid bare ...
The Hungarian section of the Hungary-Serbia railway officially resumed freight operations on Friday, Xinhua News Agency reported. The railway is a flagship project under the Belt and Road Initiative (BRI), which is a key infrastructure undertaking jointly built by China, ...
China's Ministry of Commerce (MOFCOM) announced on Friday that it will adjust its anti-discrimination measures on certain Canadian products from March 1 to December 31, 2026, after Canada recently announced partial adjustments to its restrictive measures, including additional tariffs, imposed ...
Chinese new energy vehicle maker Lynk & Co on Thursday responded to and apologized for an issue involving the linkage of its vehicle lighting system, and said it had immediately completed an optimization of the voice control system, which has ...
With the 2026 two sessions kicking off in early March, global attention is focused on China's macroeconomic policies and growth prospects. The Central Economic Work Conference in December set the tone that the country will implement "more proactive and impactful ...
This is the opening year of the 15th Five-Year Plan (2026-30) period. With the annual two sessions now approaching, attention is focused on China's economic restructuring and its medium- to long-term growth drivers.
When German Chancellor Friedrich Merz entered the Unitree Robotics exhibition hall in Hangzhou, East China's Zhejiang Province, on Thursday afternoon, he saw a series of constantly changing scenes. In the center of the stage, a humanoid robot performed a set ...
The US International Trade Commission (USITC) claimed on Thursday that it would investigate the economic impact of revoking China's Permanent Normal Trade Relations (PNTR) status over a six year period, a move that would likely increase tariffs on Chinese imports, ...
Hong Kong-based CK Hutchison Holdings (CKHH) expressed strong disagreement in a new announcement on Thursday after the Panamanian government on Monday issued a decree ordering the occupation of two ports at the entrances of the Panama Canal.
China and the US have maintained ongoing communication at various levels through the China-US economic and trade consultation mechanism, a spokesperson for China's Ministry of Commerce (MOFCOM) said on Thursday, in response to a question about the upcoming sixth round ...
German Chancellor Friedrich Merz took a special test ride in the new Mercedes-Benz S-Class on Thursday, personally experiencing the L2 Urban and Highway Navigation System, jointly developed by the German auto company and Chinese technology company Momenta.
The continuous strong performance of the yuan against the US dollar has attracted market attention this week. While some market participants may view this rally as unexpected, a closer examination reveals its inevitability shaped by multiple converging factors.
China's retail sector maintained relatively fast growth during the nine-day Spring Festival holiday that concluded on Monday, with the average daily retail sales of gold, silver and other jewelry products rising 33.4 percent year-on-year, the most recent figures have shown, ...
In Taicang, a small Chinese city, one German spring manufacturer illustrates a wider trend: beyond debates over trade surpluses or deficits, multinational firms are increasingly responding to the evolving opportunities of China's market – concrete opportunities that extend well beyond ...
With the sound of a whistle on Thursday, a freight train carrying 55 standard containers of new-energy vehicle (NEV) parts produced by domestic manufacturers departed from the Hefei north railway station in Hefei, East China's Anhui Province, which is a ...
Latest data showed that air routes between China and Japan that operated during the recently concluded Spring Festival holiday continued to decline, in line with a sharp drop in Chinese travelers' willingness to visit Japan.